This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 1-bathroom apartment of 70 m². Located on rua Tomás Ribeiro e a Avenida Serpa Pinto, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment includes two balconies accessible from both bedrooms, enhancing outdoor connectivity and natural light, while the sunroom/laundry area expands functional living space. Condition Notes: Minor wear and dated fixtures in some areas highlight its renovation potential.
The valuation. The asking price of €260,000 is significantly above the fair value of €202,812, indicating an overvaluation of €57,188 (22.0%). This makes the property less attractive for potential investors seeking value.
Fair value modelled at €202,812 from the area baseline, adjusted for condition and location. Asking €260,000 sits €57,188 (22.0%) above — overpriced versus fair value.
Asking €260,000 versus the rua Tomás Ribeiro e a Avenida Serpa Pinto area baseline of €194,740 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 60 · Materials 70 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Tomás Ribeiro e a Avenida Serpa Pinto
Area baseline €194,740 + condition -€9,844 + location +€17,916 = modelled fair value of €202,812 (€2,897/m²), a €57,188 (22.0%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Tomás Ribeiro e a Avenida Serpa Pinto | Subject | €260,000 | €3,714 | — | 60 | 73 |
| rua Dom Marcos da Cruz, 238 | Active | €275,000 | €3,618 | 2.6% | 70 | 64 |
| rua Dom Marcos da Cruz, 238 | Active | €275,000 | €3,618 | 2.6% | 62 | 72 |
| avenida Dom Afonso Henriques | Active | €385,000 | €3,208 | 13.6% | — | 76 |
| Matosinhos e Leça da Palmeira · 956a8d | Active | €270,000 | €3,600 | 3.1% | — | 70 |
| Median comp | €275,000 | €3,609 | 2.8% | 66 | 71 |
Long-term rental The 2-bed apartment in Matosinhos e Leça da Palmeira is currently overpriced with a fair value of €202,812, indicating a significant gap of 22.0%. Despite a gross yield of 5.4%, the elevated price may deter potential long-term tenants seeking value in a competitive market. Family rental Given the property’s neighborhood rating of 73/100 and proximity to quality schools, it could attract families seeking a stable environment; however, the current asking price remains excessive at €260,000. Families often prioritize affordability, and the 22.0% gap from fair value may limit appeal to this demographic. Buy-and-hold While the apartment may provide a reasonable return with a gross yield of 5.4%, its current listing price is not justified, considering it is overpriced by 22.0% compared to its fair value. Investors utilizing a buy-and-hold strategy may find it difficult to recoup initial costs in the long term within this inflated pricing context.
Economic downturn impact: With both economic stability and tenant stability scores at 75/100, there is a moderate risk that adverse economic conditions could lead to increased vacancy rates and reduced rental income, impacting profitability.
